Before defining the concept let’s make sure that you know the fact that every country and states have different rules and regulations regarding short term business loans. The payment terms or interest rates may vary from company to company who is lending you the money.

Small businesses are extremely fragile during their start-up phase. If you would like to get your business off to a smooth start so it can survive for years to come, you’ll need to do a great deal of planning.

As a small business operator you value your independence. Yet, there may be times when you wish that other people would back your business, whether they be known as angel investors or someone you know, like friends and family.

If your small business needs a capital infusion, turning to your bank is a logical option. Even so, your bank is not the only place you should look nor will you be guaranteed a loan based simply on your current business relationship.